ITR Scrutiny 2026: Check If Your Return Is at Risk
Income tax return filing is just the first step. The next question is an important one. Income Tax Scrutiny- Are You likely to be selected? Many taxpayers think only the wealthy are under the microscope. That is not so. The Income tax department selects returns on the basis of risk factors, analysis of data and … Read more
Crypto Losses and Tax Notices: What Every Investor Should Know
Many crypto investors assume that losses automatically protect them from tax scrutiny. That assumption is wrong. A recent tax case involving a crypto trader who reportedly suffered losses but still received a massive tax notice highlights a reality many investors ignore: crypto tax filing is not just about paying tax on profits. It is about … Read more
How to Calculate Crypto Tax Like a CA?
Crypto gains look simple on the app. Tax reality is not. One wrong classification or missing entry can trigger a notice, especially during ITR filing scrutiny. What Calculate Crypto Tax Actually Means? To calculate crypto tax, you’re not just subtracting buy from sell. You are categorizing every transaction correctly, assigning cost basis, and mapping it … Read more
Old vs New Tax Regime Mistakes FY 2026-27 you must avoid
One of the most critical financial choices in ITR Filing is to select the appropriate tax regime. However, it is still regarded as a last-minute job by many taxpayers. It usually results in an increased outgo in terms of taxes without even knowing it. As the Old vs New Tax Regime Mistakes FY 2026-27 confuse … Read more
Tax on Online Cricket Winnings in India
Since 2026, the complexity involved in Tax on Online Cricket Winnings in India has compounded. Compliance requirements have intensified for customers and businesses since the government has started seeing online gaming more as a source of revenue than entertainment. Below, we have detailed the most relevant aspects of Tax on Online Cricket Winnings in India … Read more
Online Gaming Tax Rules in India (115BBJ Guide)
A flat tax rate of 30% is applied to winnings from Online Gaming Tax Rules under Section 115BBJ of the Income-tax Act, 1961, effective from Assessment Year 2024–25 as introduced by the Finance Act, 2023. This new framework will apply to all online games, whether based on skill/games of chance, including online fantasy sports, e-sports, … Read more
How Can Indians Trade in Global Markets Directly?
Global Market Trading for Indians’ decision to invest outside India used to be complicated. Foreign brokers, cumbersome paperwork, and costly transfers were necessary for the investors. That situation has changed quickly. NSE International Exchange in GIFT City has enabled Indians to trade in global markets. Stocks across the world can be traded by investors without … Read more
CARF Rules: A New Game Changer for Crypto Traders
CARF Rules are becoming increasingly important as cryptocurrency trading has grown tremendously over the past several years. Millions of investors purchase, sell, and exchange digital assets over international platforms. As much as crypto has good profit potential, it has become a concern to governments and taxation officials. The CARF Rules are where this is supposed … Read more
Draft Income Tax Rules Introduce Crypto Reporting & CBDC
In India, the taxation system is going under strong change. The Draft Income Tax Rules 2026 are coming into effect on April 1, 2026. There are several new rules and changes. However, the most important changes are around cryptocurrency reporting. In addition, there is the formal recognition of the Central Bank Digital Currency (CBDC) as … Read more